#Report: Google Search CPC up 13% YoY; ad spend growth slowing
Despite Google Search’s dominance in paid media, dwindling click volume makes it a costly battleground. Google search advertising spend in the U.S. rose by 17% year-on-year in the first quarter of 2024. Click growth continued to slow, hitting 4% YoY (compared to 8% in Q4 2023). Cost-per-click continues to increase – up 13% YoY (compared…